Trump Is Winning the Oil-Price Jawboning Battle
Israel
Give credit where it’s due. Despite all the setbacks, Donald Trump is right that the US-Israeli war in Iran war hasn’t triggered the oil price super-spike many feared — at least not yet. “I thought it would be worse, much worse,” the American president said last week, and it’s hard to disagree. Trump, wearing his social media poster-in-chief hat, is a key reason why crude isn’t much higher. Call it the art of oil-market jawboning.
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